<blockquote>'The key take-away is Americans from both parties are willing to accept a budget balancing process that is weighted towards spending cuts as long as there are some tax hikes.
..
Obama offered up a fat pitch that Republicans can hit out of the park. All Republicans have to do is insist on ending collective bargaining rights of public unions and scrapping Davis-Bacon in return for very modest tax hikes. Such a deal would be well worth it..'
- Mike "Mish" Shedlock,
Americans Prefer Spending Cuts Over Tax Hikes; Obama Throws Fat Pitch, Republicans Will Not Even Step Up to the Plate, July 15, 2011</blockquote>